Arx Music Association

Analysis

Arx Music Association is a registered charity in United States, based in Bellevue, WA. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Arx Music Association reported income of $57k and spending of $66k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $101k to $57k (-43%), an average of -43% a year. The sharpest change came in the year to December 2023, when income dropped by 43%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Arx Music Association sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 17th percentile within WA. Charities of a similar size with the same main cause include Luneaseas ($57k), FPC Concerts Inc ($57k) and Livingston Neighbors Helping Neighbors Inc ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. At year end it held assets of $7,178 against liabilities of $0, net assets of $7,178.